Shares last traded at $191.13 a bit higher than the 50 day moving average of $179.62 and which is a tad above the 200 day moving average of $175.57. The 50 day moving average was up by +6.41% and the 200 day average went up $15.56 or +8.86%. Trading volume for Lennox International, Inc. was 291K on Tuesday. Overall, volume was down 24.31% under the stocks normal daily volume.
Short traders are more bearish on Lennox International, Inc. if you watch the motion in short interest. The stock experienced a rise in short interest between September 29, 2017 and October 13, 2017 of 6.80%. Short shares increased from 2,677,698 to 2,859,811 over that period. The short-interest ratio increased to 9.0 and the percentage of shorted shares is 0.07% as of October 13.
Here is a rundown on some insider market activity for Lennox International, Inc. (NYSE:LII). Paul W. Schmidt, Director disclosed the sale of 750 shares. The shares were sold on October 25th for an average price of $193.46. Schmidt now owns $114,141 of the stock according to the SEC filing.
Additionally, here are a few investment firms who have increased or decreased their stake in (LII). As of quarter end Pictet Asset Management Ltd had acquired 42,607 shares growing its position 26.5%. The value in dollars increased from $28,522,000 to $36,449,000 increasing 27.8% quarter over quarter. Aperio Group, LLC trimmed its stake by shedding 28 shares a decrease of 0.1%. Aperio Group, LLC claims 21,380 shares valued at $3,826,000. The total value of its holdings decreased 2.7%.
Korea Investment Corp added to its holdings by buying 2,400 shares an increase of 7.2% as of 09/30/2017. Korea Investment Corp now controls 35,900 shares with a value of $6,425,000. The value of the position overall is up by 4.4%. As of the end of the quarter Andra Ap-fonden had sold a total of 3,900 shares trimming its stake by 21.8%. The value of the company’s investment in Lennox International, Inc. went from $3,287,000 to $2,506,000 a change of $781,000 quarter to quarter.
On July 25 Morgan Stanley left the company rating at “Underweight” but moved down the price target to $161.00 from $164.00. September 25 investment analysts at Morgan Stanley kept the company rating at “Underweight” and raised the price expectation from $161.00 to $166.00.
October 24 investment analysts at Credit Suisse maintained a company rating of “Underweight” and moved up the price target from $90.00 to $169.00. On October 24 Morgan Stanley held the company rating at “Underweight” but raised the price expectation to $169.00 from $166.00.
The company is trading down by 0.01% percent from yesterday’s close. The company recently declared a dividend paid on Monday the 16th of October 2017. The dividend was $0.510 per share for the quarter or $2.04 on an annualized basis. The dividend yield was $1.06. The ex-dividend date was Thursday the 28th of September 2017.
The P/E ratio is 27.53 and the market cap is 8.06B. In the latest earnings report the EPS was $6.94 and is estimated to be $7.91 for the current year with 42,181,000 shares currently outstanding. Next quarter’s EPS is forecasted at $0.99 and the next full year EPS is anticipated to be $9.02.
Lennox International Inc., launched on August 13, 1991, is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. The Company operates through three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Company sells its products and services through a combination of direct sales, distributors, and company-owned parts and supplies stores. Its products and services are sold through various distribution channels under various brand names..